Nuclear power should support the power needs of data centers, says Palmetto's Neil Chatterjee

Watch on YouTube ↗  |  July 22, 2026 at 20:14  |  3:36  |  CNBC
Speakers
Neil Chatterjee — Chief of Government Affairs, Palmetto; former FERC Chair

Summary

Neil Chatterjee discusses nuclear power as the best baseload carbon-free solution to meet surging electricity demand from AI and data centers. He expresses support for the reported U.S.-Saudi civilian nuclear deal, preferring U.S. involvement over China or Russia, and notes the deal has bipartisan, non-political origins.

  • Chatterjee sees nuclear power as the single greatest form of baseload carbon-free energy.
  • AI and data centers are driving a global surge in electricity demand.
  • He supports the reported U.S.-Saudi civilian nuclear deal from what he knows.
  • He prefers the U.S. be involved rather than China or Russia.
  • The deal has been worked on across the Biden and Trump administrations.
  • He wants data centers globally to avoid increasing carbon emissions.
Ideas
Neil Chatterjee Chief of Government Affairs, Palmetto; former FERC Chair 0:34
Nuclear power meets AI data center demand.
Nuclear power is the single greatest form of baseload carbon-free power. AI is driving a huge global surge in electricity demand, and nuclear should support the power needs of data centers. He supports the reported U.S.-Saudi civilian nuclear deal to provide carbon-free energy and to avoid reliance on China or Russia. The deal has been worked on across administrations in a non-political manner.
Up Next

This CNBC video, published July 22, 2026, features Neil Chatterjee discussing URA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Neil Chatterjee  · Tickers: URA